Rockhopper Exploration plc has appointed Richard Slape to the board as a non-executive director, with immediate effect. His appointment comes as senior independent director Alison Baker’s retirement from the board at the next general meeting, expected in June 2026. “I would like to thank Alison for her unstinting support and contribution to the company’s progress […]
Tag: oil and gas
Predator raises £4.5m to drill Snowcap-3
Predator Oil & Gas Holdings plc has conditionally raised £4.5 million via a placing of 128,571,419 million new ordinary shares of no par value in the company, at a placing price of 3.5 pence each. TVRs The company said it had used some of its existing ability to issue shares under the Financial Conduct’s Authority Public Offers and Admissions to Trading […]
Union Jack notes withdrawn second requisition notice
Union Jack Oil plc said that a second purported requisition notice, dated 19 January 2026 at 5.19pm, from former director Craig Howie, was withdrawn before the market had opened. HOLDINGS The company reviewed the notice and took legal advice but “did not consider the second purported notice to be valid”. The notice, withdrawn on 20 […]
Prospex CLNs reach £1.3m
Prospex Energy plc said it had received committed subscriptions totalling £1,346,050 for the offering of its unsecured convertible loan notes, each of £1 and convertible at three pence. DIRECTORS’ DEALINGS The overall proceeds will mainly fund the company’s 37% share of 3D seismic acquisition, completed in December 2025, at the Selva Malvezzi concession, in the […]
Block completes farm-out for XIQ
Block Energy plc has completed the farm-out of licence XIQ, containing the Martkopi Terrace prospect, following approval from the Georgia Government. STRATEGY The transaction with US-based Aspect Energy Group, will see Block fully carried through the staged work, which includes seismic, exploration and appraisal drilling, and early production facilities. Aspect’s subsidiary in Georgia will fund […]
United nears start of Walton Morant survey
United Oil & Gas plc expects to begin the surface geochemical exploration survey before the end of January on its Walton Morant licence, offshore Jamaica. DE-RISK The company estimates that the block holds a potential of more than 7.1 billion barrels of unrisked prospective resources. The R/V Gyre survey vessel left Trinidad on 17 January […]